Jakarta - An Indonesian court on Wednesday threw out a multimillion-dollar lawsuit against a son of late president Suharto over a business deal involving a failed national car project.
The Finance Ministry had sought 4 trillion rupiah (340 million dollars) in damages from Hutomo Mandala Putra, better known as Tommy Suharto, and his companies.
PT Timor Putra Nasional, set up by Tommy Suharto to build a homegrown car, defaulted on its loans to national banks after the 1997-98 Asian financial crisis.
But in 2003, Timor's assets were sold to a little-known company called Vista Bella Pratama by the Indonesian Bank Restructuring Agency, which managed Timor's assets after the carmaker defaulted.